Midwest Dental acquired by private equity firm

Friedman Fleischer & Lowe (FFL) has taken a majority stake in Midwest Dental, one of the largest dental practice management companies in the U.S., serving more than 80 practices in six states. Financial terms of the deal were not released.

Midwest Dental's senior management team, which has worked together at the company for nearly 10 years, is investing alongside FFL and will continue to manage the business, the company said.

Houlihan Lokey Capital served as exclusive advisor to Midwest Dental in the transaction.